GBP/USD-Overall analysis

-Hello everyone,I want to share this with you!

-This week(Monday Tuesday Wednesday) we can see that price retested yellow support line and price did not break through BUT at Thursday price broke that line and at Friday price went even lower.We can see that bears are in strong control over this pair.
-The price broke 100 period EMA so that may be good opportunity to wait for sell conformations.
-On weekly base GBP is weakest currency and USD is almost the strongest one.GBP is at weak 17 level while USD is at strong 68 level.
-If GBP and USD remains same, that means that we can expect more bearish control over this pair.
-If GBP gain some strength and USD lose some strength we can expect some bullish movement.
-I recommend to wait for fundamental news so we can see what is going to happen.
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!

THANKS FOR READING!

-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.

-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.